JELBX vs. VFAIX
JELBX (John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio) and VFAIX (Vanguard Financials Index Fund Admiral Shares) are both mutual funds - JELBX is a Diversified Portfolio fund managed by BlackRock, while VFAIX is a Financials Equities fund managed by BlackRock. Over the past 10 years, JELBX returned 4.63%/yr vs 12.26%/yr for VFAIX. A 0.72 correlation means they provide meaningful diversification when combined. JELBX charges 0.17%/yr vs 0.10%/yr for VFAIX.
Performance
JELBX vs. VFAIX - Performance Comparison
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Returns By Period
In the year-to-date period, JELBX achieves a 6.42% return, which is significantly higher than VFAIX's -6.39% return. Over the past 10 years, JELBX has underperformed VFAIX with an annualized return of 4.63%, while VFAIX has yielded a comparatively higher 12.26% annualized return.
JELBX
- 1D
- -0.51%
- 1M
- 1.93%
- YTD
- 6.42%
- 6M
- 6.61%
- 1Y
- 16.22%
- 3Y*
- 11.00%
- 5Y*
- 4.63%
- 10Y*
- 4.63%
VFAIX
- 1D
- -1.37%
- 1M
- -1.92%
- YTD
- -6.39%
- 6M
- -4.18%
- 1Y
- 3.00%
- 3Y*
- 18.44%
- 5Y*
- 7.99%
- 10Y*
- 12.26%
JELBX vs. VFAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JELBX John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio | 6.42% | 9.73% | 9.33% | 12.06% | -15.06% | 9.76% | 1.76% | 17.91% | -4.89% | 7.55% |
VFAIX Vanguard Financials Index Fund Admiral Shares | -6.39% | 14.90% | 30.46% | 14.07% | -12.26% | 36.27% | -2.15% | 31.63% | -13.47% | 20.05% |
Correlation
The correlation between JELBX and VFAIX is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Feb 3, 2004 | 0.72 |
Over the past year, the correlation between JELBX and VFAIX has dropped to 0.50 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.
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Return for Risk
JELBX vs. VFAIX — Risk / Return Rank
JELBX
VFAIX
JELBX vs. VFAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio (JELBX) and Vanguard Financials Index Fund Admiral Shares (VFAIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| JELBX | VFAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.17 | ||
| Sortino ratioReturn per unit of downside risk | +3.05 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.04 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | 0.16 | +2.84 |
| Martin ratioReturn relative to average drawdown | 12.72 | 0.43 | +12.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JELBX | VFAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.33 | 0.16 | +2.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 0.42 | +0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.54 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.23 | -0.09 |
Drawdowns
JELBX vs. VFAIX - Drawdown Comparison
The maximum JELBX drawdown since its inception was -50.73%, smaller than the maximum VFAIX drawdown of -78.64%. Use the drawdown chart below to compare losses from any high point for JELBX and VFAIX.
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Drawdown Indicators
| JELBX | VFAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.73% | -78.64% | +27.91% |
Max Drawdown (1Y)Largest decline over 1 year | -6.38% | -14.72% | +8.34% |
Max Drawdown (3Y)Largest decline over 3 years | -9.82% | -17.31% | +7.49% |
Max Drawdown (5Y)Largest decline over 5 years | -18.54% | -25.71% | +7.17% |
Max Drawdown (10Y)Largest decline over 10 years | -18.81% | -44.37% | +25.56% |
Current DrawdownCurrent decline from peak | -0.51% | -9.24% | +8.73% |
Average DrawdownAverage peak-to-trough decline | -13.13% | -18.61% | +5.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.42% | 5.54% | -4.12% |
Volatility
JELBX vs. VFAIX - Volatility Comparison
The current volatility for John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio (JELBX) is 2.61%, while Vanguard Financials Index Fund Admiral Shares (VFAIX) has a volatility of 3.29%. This indicates that JELBX experiences smaller price fluctuations and is considered to be less risky than VFAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JELBX | VFAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.61% | 3.29% | -0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 6.48% | 11.05% | -4.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.22% | 14.75% | -6.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.57% | 19.35% | -10.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.55% | 22.60% | -14.05% |
JELBX vs. VFAIX - Expense Ratio Comparison
JELBX has a 0.17% expense ratio, which is higher than VFAIX's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
JELBX vs. VFAIX - Dividend Comparison
JELBX's dividend yield for the trailing twelve months is around 6.37%, more than VFAIX's 1.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JELBX John Hancock Variable Insurance Trust Managed Volatility Balanced Portfolio | 6.37% | 6.78% | 2.98% | 10.88% | 6.00% | 2.55% | 7.95% | 6.43% | 10.30% | 0.00% | 0.00% | 0.00% |
VFAIX Vanguard Financials Index Fund Admiral Shares | 1.56% | 1.56% | 1.75% | 2.08% | 2.31% | 2.62% | 2.21% | 2.17% | 2.30% | 1.54% | 1.64% | 2.00% |
Frequently Asked Questions
JELBX and VFAIX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VFAIX has higher volatility (3.29%) compared to JELBX (2.61%). In terms of maximum drawdown, JELBX dropped -50.73% vs VFAIX's -78.64%.
JELBX currently has the higher Sharpe Ratio (2.33 vs 0.16), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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